Xpress Payday wants to help. If you need cash quick, let us be your lender! With a quick, easy process, and friendly customer service, we can help make the unexpected a little easier!
A line of credit loan provides you with convenient access to money when you need it. Once you have applied, you will be notified of your approval and given a specific credit limit. You can then withdraw money as you need it, up to that approved amount. You can choose to only pay the interest on the money you withdraw, and the rest remains available if needed.
We make the application process at Xpress Payday as quick and easy as possible, and it usually takes less than 15 minutes. Below is a summary of our quick process: 1. Fill out our quick application online, over the phone, or in-store. 2. Sign loan documents, including the agreement to pay your minimum payment on the agreed upon dates. 3. Walk out with money in hand, or have your funds directly deposited into your checking account.
To apply for a Xpress Payday line of credit loan, you must be 18 years old and will need to provide the following information: 1. Valid ID 2. Proof of address (Bill or bank statement from last 30 days) 3. Checking account in your name 4. Proof of steady income 5. Working telephone number
You must present a consistent source of income. Disability and unemployment are accepted.
Line of credit loans range from $200 - $1,500, and depend on several factors that include your income, credit score, existing debt, and ability to repay your credit line loan.
Whether you come in to a Xpress Payday store or apply online, you can usually get money in your hands the same day you apply, sometimes instantly. If you choose to have your funds deposited directly to your bank account, you should receive your funds by the next business day.
Need to borrow more? You can receive more funds instantly, up to your credit limit. As you pay down your credit line loan, you can again borrow more money. Access your available credit by signing into your account online, or by coming into any Xpress Payday location.
Your minimum payment will be the finance charge (principal balance times the daily periodic rate) plus 2% of your principal balance. You can also pay more than the minimum, or pay off your loan whenever you want, which puts you in control of how much you pay. Xpress Payday strongly encourages you to pay on your principal balance as much as you can to lessen the amount of finance charges you pay.
Xpress Payday encourages all of our customers to borrow only what they can afford to pay back on their next pay date. We do understand at times unavoidable things happen. If you aren't able to make your minimum payment, call us immediately or come into a Xpress Payday store so that we may work with you on determining what your options are.